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Snapchat"s Early Investor General Catalyst Plans To Raise $6B For Tech Startups In US, Europe And India Despite Funding Drought
This significant investment indicates that institutional investors, endowments, and foundations, also known as limited partners, are still willing to support well-known firms even amid a broader fundraising crunch. read more.....»»
SPY Finishes Lower Wednesday Despite Gains From Target, AMD
U.S. indices were trading lower Wednesday amid continued weakness in tech stocks as investors weigh the Fed's April minutes. Inflation and concerns of future rate hikes have weighed on investor sentiment recently. read more.....»»
Bill Miller"s Firm Dumps GameStop Stake Amid Short-Squeeze Frenzy
Legendary investor shies away from meme stocks according to CNBC interviewCheck out Bill Miller Stock Picks » Download GuruFolio Report of Bill Miller (Updated on 04/19/2021)Related Stocks: GME, LM, FTCH, DM,.....»»
Director of San Antonio"s tech talent recruitment efforts leaves to Austin-based VC firm
What will this mean for the program that was already retooling itself since the beginning of the year?.....»»
Alienware ends Riot esports sponsorship amid harassment claims, Dot Esports says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Venture capitalist Balaji Srinivasan reportedly suggested doxxing a journalist who reported on narratives he didn"t like
The tech investor reportedly suggested in a 2013 email that the "Dark Enlightenment audience" could launch a harassment campaign again.....»»
Legendary tech investor Bill Gurley will not be involved in Benchmark"s newest fund, ending a track record that lasted more than 20 years.
Getty/Steve Jennings Benchmark partner Bill Gurley, renowned for his early bets on Uber and Stitch Fix, will not be involved in the firm's latest fund. The Wall Street Journal's Yuliya Chernova and Rolfe Wi.....»»
Glade Brook pitches "extraordinary opportunity" in tech debt amid coronavirus
Glade Brook Capital Partners LLC, the venture capital firm led by Paul Hudson, is pitching a new fund to investors targeting the debt of private technology companies impacted by economic disruption from COVID-19......»»
A couple of Dallas-area tech companies are waiting for PPP help as their businesses get battered
Amid COVID-19, one firm is making tough calls as a key industry plunges as the other experiences revenue challenges......»»
Billionaire investor Steve Cohen: "After an earthquake there are tremors"
Billionaire trader Steven A. Cohen is cautioning the staff of his investment firm, Point72 Asset Management, to remain cautious amid markets that have recovered slightly from coronavirus-driven lows......»»
Passport mum on details as tech firm lays off employees amid COVID-19 pandemic
Passport is laying off employees and placing others on furlough as the COVID-19 outbreak hits business hard. The Charlotte-based company, which specializes in mobile payments for transportation, would not say how many employees were affected. It em.....»»
SoftBank shares close down 17% in biggest one-day fall
Shares of SoftBank Group Corp closed down 17% on Thursday in their biggest one-day fall, hammered by investor scepticism over the outlook for tech bets, such as office sharing firm WeWork and ridehailer Uber ......»»
Market Snapshot: U.S. stock futures point to bounce for Wall Street after deep selloff
U.S. stock futures pointed to a firm bounce for Wall Street on Tuesday, on the heels of a 3,000-point loss that came amid investor fears that a sharp economic downturn was unavoidable as a result of the coronavirus outbreak......»»
One Wall Street firm says investors should focus on Apple and other "tech winners" amid the market selloff (AAPL)
CNBC Daniel Ives of Wedbush said in a Monday note.....»»
Investor Stroll eyes sharing Formula One tech with Aston Martin road cars
Canadian billionaire Lawrence Stroll, who is investing in carmaker Aston Martin , sees the opportunity to share Formula One technology with the firm's range of road cars, he said on Wednesday......»»
Chinese Insurers Tap Blockchain to Speed Coronavirus Payouts
Blockchain tech is reported to be speeding insurance claims processing amid the coronavirus outbreak......»»
Chinese Insurers Tap Blockchain to Speed up Coronavirus Payouts
Blockchain tech is reported to be speeding up insurance claims processing amid the coronavirus outbreak......»»
Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market......»»
Vulture Investor Is Looking to Buy QuadrigaCX Creditors’ Claims
Argo Partners, a New York-based investment firm, wants to buy QuadrigaCX creditor claims, should there be sufficient interest......»»
Warren "Pete" Musser, legendary tech investor and philanthropist, dies at 92
Legendary Philadelphia investor and philanthropist Warren V. "Pete" Musser has died. Safeguard Scientifics, the Radnor venture capital investment firm Musser founded in 1953, confirmed his death Monday evening. "Today we mourn the loss of Safegu.....»»